Scania income up, bus sales down
In its annual report for 2013, Scania’s operating income for last year rose to £797m/SEK8,455m (2012: £783.6m/SEK8,300m) with an operating margin of 9.7% (2012: 10.4%). Buses made up 7% of its net sales, which amounted to £8,196.5m/SEK86,847m (2012: £7,512.8m/SEK79,603m). The manufacturer claimed underlying demand for buses and coaches during 2013 was still weak as budgetary […]